85 days ago
Let us be clear, Babcock (BAB) is not a fraud but it is a bad company. For several years now it has been poorly run. It has too much debt. It does not generate much cash, indeed it seems to be burning it. And on many of its contracts the margins are so wafer thin that there really seems little point in deploying capital to win them. Who says so?
88 days ago
I start with Jubilee Metals (JLP) where I am way ahead but have had enough. The shares are cheap but I have had enough of Colin Bird spouting uttder bollocks. After today I now own more shares in this companmy than Bird but that is going to change. Soon, like me and Lance Armstrong with accepted Tour de France wins, we will be neck and neck. Then I look at Hawkwing (HNG), Babcock (BAB) and Conduity Capital (CCAP) run by scumbag Greg Collier.
359 days ago
I have flagged up the corrupt nature of the deadwood press, and the Sunday Times in particular, numerous times on this website. The way it blew off Neil Woodford in return for “scoops” and again and again backs boards, who by dint of underperformance, are quite rightly under fire with dirty attacks on their critics is shameful. Babcock (BAB) is a case in point. Today the paper shows its true colours again with its coverage of NMC Health (NMC) and more especially, and shamefully, of EasyJet (EZJ).
476 days ago
Almost entirely recovered from illness, this bonus Bearcast covers the latest shocking news in the great establishment cover up for disgraced Neil Woodford, The Sunday Times sucking PR (Bab) Cock as the man behind Boatman is revealed and the Miton Smaller Companies Fund of Gervais Williams. Its performance is dire and redemptions are vast, is it in really deep merde or just very serious trouble?
547 days ago
Recorded in my car in the City where Neil Woodford’s crumbling empire is based I flag up something bad about Woodford Patient Capital Trust (WPCT) and discuss why sacking Babcock’s (BAB) FD is a pointless gesture.
640 days ago
Boatman Capital has been the scourge of Babcock (BAB) but now shows it is not a one trick pony. Its next target is AVZ Minerals. It is Oz listed but the report is a fascinating insight into the seedy world of mining. We thus bring it to you in full below.
664 days ago
In today’s bearcast I look at “lucky” Luke red flags and Patisserie Valerie, Neil Woodford, Babcock (BAB) and sumbag, lying or disingeneous, pond life journalist scum such as Ali Hussein, Sabah Meddings, Jamie Nimmo and the fraudster’s fave journo Ben Harrington.
696 days ago
When bear raiders Boatman Capital savaged Babcock (BAB) with its first report, Babcock tried to play the man not the ball, casting aspersions on its anonymous critics but history has rather vindicated the bears not the board. Now Boatman has produced a second report, focused on the need for further write downs and on the complexity of the company’s structure. The report, in full, is below.
843 days ago
Recorded in a car outside the mother-in-law's house in the Grim North I start with explaining just how bad this weekend will be for retail UK and what happens next. Then using ASOS (ASC) as a case study I go on to show why all broker research is pointless and worthless shite. Then to Babcock (BAB) and why bear raiders are ususally right, Boatman has been.
874 days ago
In today's extra long bearcast my swearing is minimal and I start with the rather bleak macro picture. How long will the sell-off continue, what is causing it and what should you do? I then look at Audioboom (BOOM OR BUST), Sosandar (SOS), Wey Education (WEY), Frontera (FRR) and Babcock (BAB). You can book free seats to grill Sosandar, Nigel Wray etc on December 3 HERE
876 days ago
In today's podcast I look at FastJet (FJET) - you were warned - Mercantile Ports & Logistics (MPL) - ditto - and Babcock (BAB) where the corrupt deadwood press do their best turd polishing today.
883 days ago
In today's podcast I look at Babcock (BAB), which is not a fraud, and the fraud Globo (GBO) and the use of the word "refute". I also cover Johnston Press (JPR), RM2 (RM2) - another Neil Woodford dog - Haydale (HAYD) which looks increasing;y like a zero, Online Blockchain (OBC) and Amur Minerals (AMC)
911 days ago
Bear analysts Boatman Capital made the schoolboy error of leaking part of its report to the Sunday Times. The deadwood press is part of the problem not the solution. Thus the Sunset Times scuttled off to Babcock (BAB) allowing the company to spin its side and the paper to run a piece slating the bear commentary. Such is the sordid state of financial journalism in Britain today. Anyhow for what it is worth the full report is now out and Babcock shares are starting to slide despite the company’s spinning c/o the deadwood press…